• Sun, 21 Jul 2019, 04:11 AM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

EY to utilize Guardtime’s blockchain, Sensyne Health’s AI for outcome-based health payments

Wed, 26 Jun 2019, 06:52 am UTC

EY, an international assurance, tax, and advisory company, has partnered with artificial intelligence (AI) firm Sensyne Health and enterprise blockchain company Guardtime to tie medicine payments to clinical treatment success and patient satisfaction, in a so-called outcomes-based contracting.

According to its press release, the collaboration will work towards the expansion of the Health Outcomes Assessment platform, the first of its kind in the healthcare industry, to enable the platform to scale faster, resulting in “fairer reimbursement and access to novel treatments for patients.”

Under the collaboration, Sensyne Health will use AI to clinically assess the impact of medicine on the health of patients. On the other hand, Guardtime will allow transparent data to be shared between pharmaceutical companies and health providers and provide an audit trail for each viewed and used data. It will use its HSX bridge software built on the KSI blockchain.

Guardtime’s KSI blockchain technology will help ensure patient-level data visibility without compromising data privacy, helping to ensure all participants can collaborate securely and with confidence,” Guardtime CEO Mike Gault said.

In addition, EY will see itself bringing independent contract assessment, contract management, and automated business process experience and help deal with real-world outcomes-based contracts while maintaining transparency and trust.

We are delighted to be working to deliver the triple win: with life sciences companies increasing access to medicines, health care providers achieving greater efficiency and effectiveness and, most importantly, more patients getting better health outcomes,” Dan Matthews, EY EMEIA Life Sciences Leader, said.

Just recently, Arizona Care Network will soon allow patients with diabetes to use a healthcare blockchain network to manage the disease and optimize care with their physicians and families, using a platform collaborated by Solve.Care and Boehringer Ingelheim.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $10,621.30 (+0.66%)
  • Ethereum (ETH) $224.88 (-0.89%)
  • XRP (XRP) $0.329300 (+0.41%)
  • Litecoin (LTC) $98.27 (-1.39%)
  • Bitcoin Cash (BCH) $323.17 (+3.00%)
  • Bitcoin (BTC) $10,621.30 (+0.66%)
Jul 19, 2019 (Friday)
11:17
Crypto Technicals: XRP/USD grinds lower along 200H SMA, break below 5-DMA to see further weakness
11:12
Binance Jersey announces listing of GBP-backed stablecoin ‘BGBP’
10:32
Rape and sexual harassment case against bitcoin developer blows up
10:15
New Jersey accuses blockchain firm Pocketinns of selling $410K unregistered securities
09:59
Crypto Technicals: LTC/USD struggles at 110-EMA, bias bearish
09:58
Blockchain firm Algorand joins International Swaps and Derivatives Association
09:22
Neo, Ontology partner to develop blockchain interoperability protocol
07:35
Consumer advocates call on Libra partners to withdraw collectively from Facebook's crypto project
07:31
Apple's Steve Wozniak invests in blockchain-based energy efficiency firm 'Efforce' in Malta
07:28
Cryptocurrency exchange ErisX joins U.S. Chamber of Digital Commerce
07:26
LibertyX exceeds 1,000 bitcoin ATMs in the U.S. via new partnership
06:59
Blockchain interest dropping, DLT in trouble?
06:37
Waves founder launches Waves Enterprise to develop corporate blockchain solutions
06:03
IRS goes after cryptocurrency users misreporting transactions
05:05
Facebook's Libra, other cryptocurrencies pose risk of global economic destabilization: G7
04:42
Anchorage receives charter to open crypto custody shop in South Dakota
04:27
Bank of Thailand's DLT-focused Project Inthanon advances to Phase III
Jul 18, 2019 (Thursday)
11:52
MOBI launches first vehicle identity standard on blockchain
11:49
FATF approves Japan’s plan to establish global network for crypto payments: Report
11:13
Crypto Technicals: ETH/EUR downside pauses shy of 200-DMA, bullish divergence on intrday charts keeps scope for upside
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft